THE RELEVANCE OF PSYCHOLOGY THEORIES TO FINANCIAL ACCOUNTING

Starting from the interest that we have found in psychology sciences in order to understand better the way managers, analysts and last but not least investors behave in the decision making process our study focuses on the link between financial reporting, disclosure policies and investors judgment under uncertainty. The theoretical background describes the rational judgment of investors found in economic utility theories but also looks upon the main cognitive and social psychology for irrational behavior in the decision making process. Our research mainly focuses on measuring the influence of five psychological factors on the irrational behavior of potential investor. We showed that overconfidence occurs when investors overestimate the precision of their private signals and their knowledge about the value of a financial transaction and always remember the successfully times and easily forget the failures. Also, we have pointed out that limited attention is frequently associated with changing in disclosure policies and selfcontrol is negatively related to irrational behavior of investor.psychology theories, financial reporting, disclosure, investor, judgment, decision making process, psychology variables

Technical - economic evaluations experimental casuistry studied at core walnut oil

In this paper was performed study regarding guide technical and economic evaluations for core walnut oil obtained by extraction with petroleum ether, in a industrial unit considering 240 working days/year. The economic efficiency relies on analytic and synthetic indicators that give a general view about the production process. These indicators are used in order to calculate the profit of the factory enterprise. Monitoring of plant resources are essential for the development of modern agricultural production. Biodiversity of plant resources in agriculture is a biological basis for assurance the quality of world food products, for creating new cultivars, through conventional crossing process or application of biotechnology. The values obtained were as follows: total costs (736215 Euros/year), total revenues (817800 Euros/year), profit (81585 Euros/year), profit rate (11.08%), product cost (73400.63 Euros) and production costs (1301 Euros/kg). The results of technical-economic calculations estimated have positive values, suggesting that processing technology is profitable, the costs being lower than revenues, and therefore can be recommended as a potential technology solution for recovery of core walnut

Stochastic Fuzzy Algorithms for Impairment of Assets Management

The present paper aims to analyze the impairment of tangible assets with the help of artificial intelligence. Stochastic fuzzy numbers have been introduced with a dual purpose: on one hand to estimate the cash flows generated by tangible assets exploitation and, on the other hand, to ensure the value ranges stratifications that define these cash flows. Estimation of cash flows using stochastic fuzzy numbers was based on cash flows generated by tangible assets in previous periods of operation. Also, based on the Lagrange multipliers, were introduced: the objective function of minimizing the standard deviations from the recorded value of the cash flows generated by the tangible assets, as well as the constraints caused by the impairment of tangible assets identification according to which the cash flows values must be equal to the annual value of the invested capital. Within the determination of the impairment value and stratification of the value ranges determined by the cash flows using stochastic fuzzy numbers, the impairment of assets risk was identified. Information provided by impairment of assets but also the impairment risks, is the basis of the decision-making measures taken to mitigate the impact of accumulated impairment losses on company’s financial performance

Xrce: Hybrid classification for aspect-based sentiment analysis.

Abstract In this paper, we present the system we have developed for the SemEval-2014 Task 4 dedicated to Aspect-Based Sentiment Analysis. The system is based on a robust parser that provides information to feed different classifiers with linguistic features dedicated to aspect categories and aspect categories polarity classification. We mainly present the work which has been done on the restaurant domain 1 for the four subtasks, aspect term and category detection and aspect term and category polarity

The effect of biogel content on the some viscoelastic properties of a snail pate

Four sorts of snail pâté with different contents (0, 1, 2, 3%) of a vegetal protein (biogel) were prepared. The influence of the content of biogel on the viscoelastic characteristics of snail pâté were studied in this paper. These characteristics of snail pâté were derived from stress relaxation tests. The relaxation times and the elastic moduli, as viscoelastic characteristics, were calculated from the relaxation curves by non-linear regression. The best correspondence between experimental data and calculated curves was obtained for a mechanical model with three Maxwell elements in parallel with a lone ideal spring element. Every measurement was made in triplicate. From above viscoelastic parameters, the viscosities were calculated. Correlation between experimental relaxation curves and calculated curves were emphasized by absolute average deviation (AAD), the minimum AAD value being 0.15% and the maximum one 0.82%. The stiffest snail pâté contains 2% biogel, and the snail pâté with 3% biogel is more viscous

Physical-chemical characteristics of Triticum Aestivum wheat from three Romanian regions

The purpose of this paper was to determine the total protein content, gluten content, moisture, Zeleny sedimentation index, hectolitre mass and deformation index of T. aestivum wheat. The total protein content, gluten content, Zeleny sedimentation index and hectolitre mass was analyzed by the NIR, Infralum FT 10 cereal analyzer instruments. Humidity was determined by oven drying method and deformation index by thermostating. The samples were collected from three Romanian areas: West, South and Central. The highest total protein content was registered in wheat from South (13.5%), followed by wheat from West (13.2%), respectively from Centre (10.6%). The gluten content, in direct correlation with total protein content, was in the range 24% (wheat from Centre) - 30% (wheat from South). The deformation index of West and South samples was 5 mm, respectively 2mm of sample from Central. Wheat South Zeleny sedimentation index was 44 mL followed by West area wheat (49 mL) and wheat from Central (51 mL). The wheat samples hectolitre mass was very close, between 80.5-81.0 kg/hL. The humidity of the samples varied from 11.9% to 12.7%. The results recommend the wheat from South Romania area as being of high quality, followed by wheat from West Romania area. The wheat from Centre Romania area is of medium quality

Technical - economic evaluations experimental casuistry studied at core walnut oil

In this paper was performed study regarding guide technical and economic evaluations for core walnut oil obtained by extraction with petroleum ether, in a industrial unit considering 240 working days/year. The economic efficiency relies on analytic and synthetic indicators that give a general view about the production process. These indicators are used in order to calculate the profit of the factory enterprise. Monitoring of plant resources are essential for the development of modern agricultural production. Biodiversity of plant resources in agriculture is a biological basis for assurance the quality of world food products, for creating new cultivars, through conventional crossing process or application of biotechnology. The values obtained were as follows: total costs (736215 Euros/year), total revenues (817800 Euros/year), profit (81585 Euros/year), profit rate (11.08%), product cost (73400.63 Euros) and production costs (1301 Euros/kg). The results of technical-economic calculations estimated have positive values, suggesting that processing technology is profitable, the costs being lower than revenues, and therefore can be recommended as a potential technology solution for recovery of core walnut

Physical-chemical characteristics of Triticum Aestivum wheat from three Romanian regions

The purpose of this paper was to determine the total protein content, gluten content, moisture, Zeleny sedimentation index, hectolitre mass and deformation index of T. aestivum wheat. The total protein content, gluten content, Zeleny sedimentation index and hectolitre mass was analyzed by the NIR, Infralum FT 10 cereal analyzer instruments. Humidity was determined by oven drying method and deformation index by thermostating. The samples were collected from three Romanian areas: West, South and Central. The highest total protein content was registered in wheat from South (13.5%), followed by wheat from West (13.2%), respectively from Centre (10.6%). The gluten content, in direct correlation with total protein content, was in the range 24% (wheat from Centre) - 30% (wheat from South). The deformation index of West and South samples was 5 mm, respectively 2mm of sample from Central. Wheat South Zeleny sedimentation index was 44 mL followed by West area wheat (49 mL) and wheat from Central (51 mL). The wheat samples hectolitre mass was very close, between 80.5-81.0 kg/hL. The humidity of the samples varied from 11.9% to 12.7%. The results recommend the wheat from South Romania area as being of high quality, followed by wheat from West Romania area. The wheat from Centre Romania area is of medium quality